ALFA Finder| Revenue guidance | 18.0% → 20.0% Raised by 2.0 percentage points |
|---|---|
| Management target | Revenue 20.0% FY27 |
| Revenue growth | Total business grew 23% YoY; Net Interest Income up 32%. |
|---|---|
| Margins | Net Interest Margin expanded 45 basis points YoY to 4.29%. |
| Demand visibility | Strong momentum in RAM segments; MSME growth accelerating beyond 20%. |
| Management confidence | Extremely optimistic, highlighting record-breaking profit and 105-year history. |
Growth
High-quality growth was driven by a 28% increase in RAM advances and 32% growth in net interest income.
Outlook
Management raised FY27 guidance for advances growth to 22% and total business growth to 20%.
Risks
Gold loan dependency remains high at 47.82%, and a ₹17 crore ED penalty presents a lingering legal overhang.
Earnings Call Transcript filed with NSE, NSE: TMB. Summary written with AI assistance from the document.
Tamilnad Mercantile Bank Ltd: key numbers
- Share price
- ₹894.15
- Market cap
- ₹14,159 Cr
- Revenue (annual)
- ₹5,819 Cr
- Net profit (annual)
- ₹1,338 Cr
- P/E (TTM)
- 9.0×Sector 20.8×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 6.85%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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